Phantom Strike Gold

• Take profit is a limit order (server-side execution, no slippage)
• Maximum spread filter prevents entries during illiquid conditions
• Maximum slippage parameter caps deviation on stop order fills
• Session filter restricts trading to high-liquidity hours (London + New York overlap)
• Entries are only placed when spread is below your configured threshold

• Hard stop loss on every trade (default: 500 points)
• Auto lot sizing based on account balance and risk percentage
• Maximum total lot exposure cap
• Daily consecutive loss limit — EA pauses after N losing trades in a row
• High-impact USD news filter — reduces position size or pauses entries near major economic releases

• Fully automatic: attach to chart, configure settings, and walk away
• Works on any symbol (optimized for XAUUSD but compatible with forex pairs, indices, etc.)
• No DLL imports, no external dependencies, no WebRequest
• No account restrictions — works with any broker, any account type
• Hedging and netting account compatible
• Clean journal logging for full trade transparency
• One trade per day — low frequency, high precision

• Manual Lots: Fixed lot size when auto-lot is disabled (default: 0.01)
• Auto Lot: Enable risk-based position sizing (default: ON)
• Risk Percent: Percentage of balance to risk per trade (default: 10%)
• Max Total Lots: Maximum combined lot exposure (default: 1.0)

• News Filter: Pause entries near high-impact USD news (default: ON)
• News Look Ahead: Minutes to check ahead for upcoming news (default: 60)

• Max Consecutive Losses: Pause new trades after N losses in a day (default: 2)

• SL Points: Stop loss distance in points (default: 500)
• TP Points: Take profit distance in points, placed as limit order (default: 400)

• Use Breakeven: Enable breakeven protection (default: ON)
• BE Start Points: Points profit to trigger breakeven move (default: 150)
• BE Lock Points: Lock stop loss at entry + N points (default: 30)

• Trailing Start: Points profit to begin trailing (default: 0 = OFF)
• Trailing Step: Trail distance behind price (default: 0 = OFF)

• Use Partial Close: Enable partial close at TP1 (default: ON)
• TP1 Points: Points profit to trigger partial close (default: 250)
• Partial Percent: Percentage of position to close (default: 50%)
• Partial BE Lock: Lock remainder SL at entry + N points after partial (default: 50)

• Max Slippage: Maximum allowed slippage in points (default: 30)
• Max Spread: Maximum spread to allow new entries (default: 40)
• Entry Buffer: Points above high / below low for entry (default: 15)

• Session Filter: Only trade during liquid hours (default: ON)
• One Setup Per Day: Limit to one breakout attempt per day (default: ON)
• Magic Number: Unique identifier for this EA instance (default: 123456)

IMPORTANT NOTES

• Always test on a demo account first before going live
  
• Backtest using "Every tick based on real ticks" mode for accurate results
  
• The news filter uses the built-in economic calendar and works only on live/demo accounts (not in strategy tester)
  
• Past performance in backtesting does not guarantee future results
  
• Trading involves risk — only trade with capital you can afford to lose